WESTFIELD HOUSE, WESTFIELD LANE, RYTON, NE40 3QE - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WESTFIELD HOUSE is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £475,000 in June 2004, which was around 158% above the average June 2004 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

WESTFIELD HOUSE Sold Prices

Land registry data shows two sales for WESTFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two WESTFIELD HOUSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 11 JUN	£475,000	£183,815	158% above HPI
1996 14 JUN	£155,000	£69,839	122% above HPI

WESTFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two WESTFIELD HOUSE sales from June 1996 and June 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1996 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the June 2004 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

How Large is WESTFIELD HOUSE?

WESTFIELD HOUSE is 199m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where WESTFIELD HOUSE lies on this distribution: 93% of detached houses are smaller than WESTFIELD HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ryton.

WESTFIELD HOUSE: Plot and Title Map

WESTFIELD HOUSE sits on a plot of roughly 0.418 of an acre, or 1,693m². The below map shows the location of WESTFIELD HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WESTFIELD HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WESTFIELD HOUSE?

WESTFIELD HOUSE is located on WESTFIELD LANE in RYTON, in the NE40 postcode district. The below map shows the position of WESTFIELD HOUSE on WESTFIELD LANE.